Posts Tagged ‘Garrett Camp’

Myspace Settles With FTC | 55,000 Twitter Accounts Breached | Memes as Dissent in China

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Myspace Faces 20 Years of Government Scrutiny for Privacy Violations (Mashable) Myspace’s privacy practices will be kept under close watch by a third-party observer for two decades as part of a settlement related to an investigation of the company’s advertising sales strategy, the Federal Trade Commission announced Tuesday. The agreement also prevents Myspace from making “future privacy misrepresentations” and requires it to make significant changes to its privacy policy. The New York Times The FTC asserted that from January 2009 through June 2010, and again from October 2010 through October 2011, Myspace transmitted information, including internal identification numbers of users, and their ages and genders, to outside ad networks that served ads to Myspace. Using that information, the FTC said, third parties could obtain the user’s name and other personal information and use a file placed on the user’s computer to view a history of websites the user had visited. AP The settlement is similar to deals the FTC struck previously with Facebook and Google. In March 2011, the FTC settled with Google over charges that it deceived users and violated its own privacy policy when it started a social-networking service called Buzz. In November, the agency reached a settlement with Facebook in which the company agreed to get explicit approval from its users before changing their privacy controls. CNET Myspace was sold by News Corp. to digital-media company Specific Media last June for a rumored $35 million. News Corp. had purchased the social networking site in 2005 for $580 million with the hopes of using it to drive traffic to Fox’s various media efforts. PC Magazine In a statement, Specific Media said it “thoroughly examine[d] the company’s business practices and, where applicable, make improvements” following last year’s purchase. “A major focus of this review was to ensure that Myspace delivered advertisements to consumers in a manner that safeguarded their privacy,” Specific Media continued. Read more

StumbleUpon CEO on the Future of Social Networks

Will we see more social networks in the future? Garrett Camp, founder of the discovery engine StumbleUpon, doesn’t think so.

“I think it’s going to be, you’re not on a social network, but you’re using social functionality within existing products,” Camp predicted in our Media Beat interview. “I don’t think there’s going to be as many new social networks pop up as leveraging existing networks like Facebook or StumbleUpon to enhance the experience.”

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StumbleUpon Offers Alternative To Banner Ads

The discovery engine StumbleUpon helps millions of readers explore the Internet, generating some impressive traffic in the process. Now, they’re offering an alternative to traditional banner ads on the Internet. In this week’s Media Beat interview, CEO Garrett Camp outlined the company’s new ad program.

“Paid Discovery is a way for anyone with interesting branded content to distribute it to StumbleUpon members. We have a community of 15 million people, they’re stumbling, they’re looking to find interesting stuff. Every time they click the ‘Stumble’ button, they say ‘I want to see something cool matched to my interests,’” Camp explained.

“If you have something that you think may be of interest to our community, you can actually become one of those stumbles. The way our system works is that one in 20 stumbles will be a paid placement matched to your interests … Unlike a banner ad network, there is no click. It totally skips the click — it becomes the page you view in your stumble-stream.”

JASON BOOG

Part 1: StumbleUpon CEO: ‘We Refer Almost As Much Traffic As Facebook’

You can also watch this video on Mediabistro’s YouTube channel.